Steel Connect Profit Margin

Steel Connect posts a profit margin of 14.76% as of October 2024. That compares with 8.43% in the prior-year period — up 75.2% year over year. That is below the Technology sector average of 36.35%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Steel Connect's profit margin was 8.43%. The latest reading is 14.76% — a 75.2% year-over-year increase (period ending October 2024). Use the history and growth charts on this page for a longer lookback.

For Technology stocks, a profit margin near 36.35% is typical. Steel Connect's 14.76% is lower that level. That is roughly 59.4% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Steel Connect's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 14.76% as of October 2024; use YoY and peer views to separate noise from signal.

Context for STCN's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 36.35%), and (3) consistency with growth and profitability. This page covers the first two; Steel Connect's other metric pages and overview cover the third.